So how fares the meteorite market in these recessionary times? The supply is very low and the demand has really been going up in the last few years, says Farmer. Prices have quadrupled on certain items just in the last year. He is currently working on a $1.5 million sale of a 120-pound meteorite. He once negotiated in a similar price range with the Russians for a whopper weighing 3.5 tons. Having been burned investing in less rock-solid opportunities, Farmer says he's learned to keep his money in his inventory.
The phonograph, invented in 1877 by Thomas Edison, sent music on the sharpest tangent in its history. Mark Coleman writes about how the phonograph changed the music listening experience in his book, Playback: from the Victrola to MP3, 100 Years of Music, Machines, and Money.
The Phonograph. In 1877 the first phonograph was invented by Thomas Edison. The phonograph was the first method of recording and playing back sound. This was Edison's first great invention.The new invention gave Edison international fame.He toured the country with the phonograph and was even invited to the White House to demonstrate the invention to President Rutherfor B. Hayes in 1878.his was Edison's first great invention. The new invention gave Edison international fame. He toured the country with the phonograph and was even invited to the White House to demonstrate the invention to President Rutherfor B. Hayes in 1878.